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Global Trade Talks Collapse

Breakdown halts seven years of progress to hammer out deal

By Peter Fearon,  Newser Staff

Posted Jul 30, 2008 4:32 AM CDT

(Newser) – World Trade Organization talks to forge a new global trade pact collapsed yesterday after seven years of negotiations. An EU spokesman called the breakdown a "massive blow to the confidence in the global economy." The talks fell apart as China and India demanded...   Read full story »

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